Can the new Nairobi International Finance Centre (NIFC) compete with Johannesburg and Dubai to help finance trade and industry in East Africa ... and beyond? Acting CEO Oscar Njuguna believes that there is plenty of room for everyone.
No one is underestimating the potential of the next wave – interlocking trade, digital money and communications. Certainly not the Chinese, whose technology, communications and finance companies are heavily invested.
Blockchain and cryptocurrency analyst Michael Kimani, doodling on a napkin one day, sketched out the penetration of Chinese companies into East Africa’s mobile internet stack.